Blue Cross Blue Shield was hit with at least six federal antitrust suits in one day for alleged concerted efforts to fix prices and stifle competition. These cases were filed on March 4 ...

March 5 (Reuters) - Dozens of U.S. hospital systems and other healthcare providers filed lawsuits on Tuesday accusing Blue Cross Blue Shield and affiliates of underpaying them by billions of ...

Blue Cross Blue Shield of Michigan reported Monday an operating loss of $1.7 billion in 2024, as the insurer paid $3 billion more for medical and pharmacy claims costs for members than in the ...

Blue Cross Blue Shield of Michigan reported a $1.7 billion underwriting loss in 2024, attributing it to increased medical service utilization and rising pharmaceutical costs. Outgoing CEO Daniel ...

Blue Cross Blue Shield of Massachusetts (BCBSMA), the state's largest health insurer, ended 2024 with a staggering $400.4 million operating loss – its worst financial performance on record.